adj.
Function: noun
Date: 1929
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against also : the amount of the loss specified in such a clause
adj.
Function: noun
Date: 1929
: a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against also : the amount of the loss specified in such a clause
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012